Market Insights – Feb 2018

by Diminished Value Car Appraiser on February 8, 2018

This week’s Market Insights report shows cars with lower depreciation than trucks. We also spotlight retention trends of three-year-old Mid-Size Cars over the last few years, as well as this month’s Specialty Report.

It was a good week for mainstream car segments as tax season buying has begun with strong sales being reported at the auctions.

Best Week YTD for Car Segments in Value Retention  Volume-weighted, overall car segment values declined by 0.34% last week. In comparison, the market values had decreased on average by 0.64% per week in the previous four weeks.  In cars, Mid-Size Car segment performed the best, with values remaining nearly flat to last week.  Volume-weighted, overall truck segment (including pickups, SUVs and vans) values decreased by 0.50% last week, same as the average decrease of 0.50% per week in the previous four weeks.  In trucks, Full-Size Crossover/SUV segment performed the worst with values declining by 1.13% last week